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Sold for $6,950,000
  • $6,950,000

    3512 La Madera Ave, El Monte, CA 91732

    2beds
    1baths
    910sqft
    Multi Family
    Built in 1939
    -- sqft lot
    $980,000 Zestimate®
    $7,637/sqft
    $2,284 Estimated rent

    Home value

    $980,000

    $804,000 - $1.22M

    $2,284/mo

    Zestimate® history
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    $2,284/mo

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    $43,750/mo

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    $43,750/mo

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    What's special

    Maywood Property Group is pleased to present a rare and highly desirable investment opportunity in the heart of El Monte. This exceptional multi-family asset consists of (17) two-bedroom / one-bathroom units and (1) three-bedroom unit, strategically spread across four-contiguous parcels spanning nearly one acre of landa prime setup for maximum ADU development potential.Positioned on a quiet cul-de-sac, the property offers over 40 surface parking spaces, enhancing convenience for tenants. Additionally, it benefits from a strategic location north of the 10 Freeway, providing seamless access to major transit routes. Within 0.3 miles, residents enjoy proximity to leading retailers, restaurants, and lifestyle amenities, including Target, Walgreens, Dennys, Big 5, Wendy's, Planet Fitness, and more.With no local rent control and over 30% rental upside, this asset presents significant value-add potential. Additional revenue opportunities include RUBS income and the ability to further optimize cash flow through strategic ADU expansion.This is an outstanding opportunity to acquire a well-located, high-demand multifamily asset with immediate and long-term value appreciation potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Hayner DRE # 02090908 310-994-9158,

    Maywood Property Group 310-650-9696

    Bought with:

    Adam Corleto, DRE # 01488562

    Maywood Property Group

    Source: CLAW,MLS#: 25521027MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Interior area
    • Total structure area: 910
    • Total interior livable area: 910 sqft

    Property

    Parking
    • Total spaces: 40
    • Parking features: Parking Space
    Features
    • Levels: Multi/Split
    Lot
    • Size: 7,531 sqft
    • Features: 2-4 Lots
    Details
    • Additional structures: None
    • Has additional parcels: Yes
    • Parcel number: 8567009030
    • Zoning: EMR3*
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1939

    Community & neighborhood

    Location
    • Region: El Monte

    Price history

    DateEventPrice
    6/9/2025Sold$6,950,000+93.1%$7,637/sqft
    Source: CLAW #25521027 Report a problem
    5/7/2025Pending sale$3,600,000$3,956/sqft
    Source: CLAW #25521027 Report a problem
    4/4/2025Listed for sale$3,600,000$3,956/sqft
    Source: CLAW #25521027 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,317 +78.4%$363,272 +1.9%
    2024$5,223 +392.1%$356,450 +845.4%
    2023$1,061 +2.7%$37,703 +2%
    2022$1,034 -0.2%$36,970 +2%
    2021$1,036 -37.1%$36,252 +1%
    2020$1,648 $35,884 +2%
    2019$1,648 +10%$35,187 +2%
    2018$1,497 $34,504 +2.9%
    2017$1,497 +7%$33,534 +2%
    2016$1,399 +3%$32,877 +1.5%
    2015$1,358 +1%$32,384 +2%
    2014$1,345 $31,750 +2.5%
    2012-- $30,988 +2%
    2011-- $30,381 +0.7%
    2010-- $30,155 -0.2%
    2009-- $30,227 +2%
    2008-- $29,635 +2%
    2007-- $29,055 +2%
    2006-- $28,486
    2005-- $28,486 +4%
    2004-- $27,381 +1.9%
    2003-- $26,880 +2%
    2002-- $26,354 +4%
    2000-- $25,332

    Find assessor info on the county website

    Neighborhood: River East

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $980,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $980,000